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17 BILLION!
Kusadikika
#101 Posted : Wednesday, March 20, 2019 11:18:13 PM
Rank: Elder


Joined: 7/22/2008
Posts: 2,703
tycho wrote:
This story appears to have been intended to be a Ruto bashing story but hasn't gained traction.

So what do we do now?


Hata mimi ninashangaa. Which means Mr. Singh still has the money in his house. I am also wondering why we have not heard anything about the CIA, FBI or Secret service.

Ksh. 32 billion then Ksh. 17 billion in US dollars is about 500 million dollars. Don't you think they would be interested in a case of people printing half a billion in fake currency?
sparkly
#102 Posted : Thursday, March 21, 2019 12:20:39 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Kusadikika wrote:
tycho wrote:
This story appears to have been intended to be a Ruto bashing story but hasn't gained traction.

So what do we do now?


Hata mimi ninashangaa. Which means Mr. Singh still has the money in his house. I am also wondering why we have not heard anything about the CIA, FBI or Secret service.

Ksh. 32 billion then Ksh. 17 billion in US dollars is about 500 million dollars. Don't you think they would be interested in a case of people printing half a billion in fake currency?


When alligator comes out of the water and tells you that crocodile is sick, do you doubt his story? Chinua Achebe
Life is short. Live passionately.
tycho
#103 Posted : Thursday, March 21, 2019 3:40:42 AM
Rank: Elder


Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
Kusadikika wrote:
tycho wrote:
This story appears to have been intended to be a Ruto bashing story but hasn't gained traction.

So what do we do now?


Hata mimi ninashangaa. Which means Mr. Singh still has the money in his house. I am also wondering why we have not heard anything about the CIA, FBI or Secret service.

Ksh. 32 billion then Ksh. 17 billion in US dollars is about 500 million dollars. Don't you think they would be interested in a case of people printing half a billion in fake currency?


It's probable that the US are interested and involved in investigations around this event/case. Only they may not be the media's target.

As for the reporting and the intentions guiding our thoughts and desires, I can only say that we could be approaching 'witch hunt' status fast.
tycho
#104 Posted : Thursday, March 21, 2019 3:42:28 AM
Rank: Elder


Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
sparkly wrote:
Kusadikika wrote:
tycho wrote:
This story appears to have been intended to be a Ruto bashing story but hasn't gained traction.

So what do we do now?


Hata mimi ninashangaa. Which means Mr. Singh still has the money in his house. I am also wondering why we have not heard anything about the CIA, FBI or Secret service.

Ksh. 32 billion then Ksh. 17 billion in US dollars is about 500 million dollars. Don't you think they would be interested in a case of people printing half a billion in fake currency?


When alligator comes out of the water and tells you that crocodile is sick, do you doubt his story? Chinua Achebe


It takes more than reports to establish and act on truth.
hardwood
#105 Posted : Thursday, March 21, 2019 8:53:28 AM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
tycho wrote:
sparkly wrote:
Kusadikika wrote:
tycho wrote:
This story appears to have been intended to be a Ruto bashing story but hasn't gained traction.

So what do we do now?


Hata mimi ninashangaa. Which means Mr. Singh still has the money in his house. I am also wondering why we have not heard anything about the CIA, FBI or Secret service.

Ksh. 32 billion then Ksh. 17 billion in US dollars is about 500 million dollars. Don't you think they would be interested in a case of people printing half a billion in fake currency?


When alligator comes out of the water and tells you that crocodile is sick, do you doubt his story? Chinua Achebe


It takes more than reports to establish and act on truth.


I agree...

Mastermind
#106 Posted : Thursday, March 21, 2019 11:15:07 AM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
hardwood wrote:
This fake "Dr" Eric Adede is the one who was running for Gor Mahia chairman office and also Homa Bay town Mpig aspirant.

https://www.facebook.com...O/posts/583228505093266


Quote:
4. Other than wanting to become Gor Mahia FC chairman nobody knows what he currently does for a living;

5. Claims that he has a PhD in Law by calling himself a doctor when he is not a doctor and doesn't have a PhD;

6. Wants to build a stadium for the club yet he lives in a rented house;

7. Conduct any background check on Eric Adede via any known search engine, there is nothing about him before wanting to become Gor Mahia Chair;

8. Cannot tell you of anything that he has done for the club in the past two years;

9. He has refused to acknowldge the achievements made so far by the outgoing office holders because he was not there to witness where the club was;

10. He claims he is a great lawyer in South Africa. Yet, he has not opened any law firm.

11. All the above just shows that he is taking us for a ride, everything about him is too hazy and bleak. We are not that desperate for change to leave the club in the hands of a Waiganjo aka Chinedu


They should have taken cue from Moise Katumbi and TP Mazembe. What a missed opportunity.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
hardwood
#107 Posted : Thursday, March 21, 2019 11:30:28 AM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Lawyer for the suspects now says billions seized are not fake. That there is no crime in someone putting their valuables, including forex in a safety box.

Angelica _ann
#108 Posted : Thursday, March 21, 2019 12:34:47 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
hardwood wrote:
Lawyer for the suspects now says billions seized are not fake. That there is no crime in someone putting their valuables, including forex in a safety box.



Reverse tings; So the guys are good posing for the photos, while the ladies are hiding their faces.smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
tycho
#109 Posted : Thursday, March 21, 2019 1:58:43 PM
Rank: Elder


Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
hardwood wrote:
Lawyer for the suspects now says billions seized are not fake. That there is no crime in someone putting their valuables, including forex in a safety box.



The norm in Kenya appears to be, arrest then conduct investigations later. Oppressive methods if you ask me...
2012
#110 Posted : Thursday, March 21, 2019 2:50:41 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
tycho wrote:
hardwood wrote:
Lawyer for the suspects now says billions seized are not fake. That there is no crime in someone putting their valuables, including forex in a safety box.



The norm in Kenya appears to be, arrest then conduct investigations later. Oppressive methods if you ask me...


@tycho, that's the norm everywhere else too. You cannot have a watertight case in that short time, you may even know for sure that you have the right thug but he/she can get away on small technicalities.
In Kenya, you have to be presented in court within 48 hours to take plea and maybe reduce the work of investigators by pleading guilty. Even a murder case where you catch the murderer red handed or even with a confession needs to be investigated and it could take weeks but that doesn't mean the criminal should be out free in the meantime.

BBI will solve it
:)
Kusadikika
#111 Posted : Thursday, March 21, 2019 2:57:50 PM
Rank: Elder


Joined: 7/22/2008
Posts: 2,703
hardwood wrote:
Lawyer for the suspects now says billions seized are not fake. That there is no crime in someone putting their valuables, including forex in a safety box.



So the Government has just robbed some people of their $500 million dollars??d'oh! d'oh!

Could it also be a tactic. I once heard of this tactic where a guy is arrested with 1 stone of bangi. When they get to court and he is charged and the 1 stone is presented as evidence the guy denies the charge and says, "your honor, I did not have only one stone, I had one gunia with 20 stones. They should produce the other 19." Apparently then the case changed and now it became a case of tampering with evidence with the prosecutor on the spot.

These guys will shift the case from what it is to being a case about the evidence tampering and they all know the Kenya police are always careless and they made mistakes. With good lawyers these guys will walk. You can rarely get a watertight case when you are playing to the gallery.


tycho
#112 Posted : Thursday, March 21, 2019 3:36:31 PM
Rank: Elder


Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
2012 wrote:
tycho wrote:
hardwood wrote:
Lawyer for the suspects now says billions seized are not fake. That there is no crime in someone putting their valuables, including forex in a safety box.



The norm in Kenya appears to be, arrest then conduct investigations later. Oppressive methods if you ask me...


@tycho, that's the norm everywhere else too. You cannot have a watertight case in that short time, you may even know for sure that you have the right thug but he/she can get away on small technicalities.
In Kenya, you have to be presented in court within 48 hours to take plea and maybe reduce the work of investigators by pleading guilty. Even a murder case where you catch the murderer red handed or even with a confession needs to be investigated and it could take weeks but that doesn't mean the criminal should be out free in the meantime.


If it was an abrupt case where bank officials called the police and reported fraudsters had paid them a visit with fake dollars then it may be reasonable on grounds of probable cause to make an arrest and continue with investigation.

But some of these serious cases don't run along such lines unless you want to botch up the entire proceedings. The norm then becomes one of building a solid case before jumping...

I think it's a matter of technique. For example if the main suspects are in custody and they are savvy enough, then probability is that you will get little info from them. Any other people in the crime who haven't been arrested will get into emergency mode and take whatever precautions they had.


Angelica _ann
#113 Posted : Tuesday, March 26, 2019 6:23:46 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908

Suspects linked to Sh2b fake currency freed on cash bail


Eric Adede and four other suspects arrested over the Sh2 billion fake currency seized at Barclays Bank, Queensway Branch in Nairobi have been freed on bail.

The court on Tuesday released Eric Adede on Sh1 million bail while the other suspects were freed on Sh200,000 bail.

Adede was arrested alongside Ahmed Shah, Elizabeth Muthoni, and Irene Wairimu Kimani.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
newfarer
#114 Posted : Tuesday, March 26, 2019 7:30:13 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
Angelica _ann wrote:

Suspects linked to Sh2b fake currency freed on cash bail


Eric Adede and four other suspects arrested over the Sh2 billion fake currency seized at Barclays Bank, Queensway Branch in Nairobi have been freed on bail.

The court on Tuesday released Eric Adede on Sh1 million bail while the other suspects were freed on Sh200,000 bail.

Adede was arrested alongside Ahmed Shah, Elizabeth Muthoni, and Irene Wairimu Kimani.

korti bandia. it's hard to trust Our courts
punda amecheka
masukuma
#115 Posted : Thursday, March 28, 2019 12:52:57 PM
Rank: Elder


Joined: 10/4/2006
Posts: 13,821
Location: Nairobi
newfarer wrote:
Angelica _ann wrote:

Suspects linked to Sh2b fake currency freed on cash bail


Eric Adede and four other suspects arrested over the Sh2 billion fake currency seized at Barclays Bank, Queensway Branch in Nairobi have been freed on bail.

The court on Tuesday released Eric Adede on Sh1 million bail while the other suspects were freed on Sh200,000 bail.

Adede was arrested alongside Ahmed Shah, Elizabeth Muthoni, and Irene Wairimu Kimani.

korti bandia. it's hard to trust Our courts

Why not? You are only in custody if you can interfere with the process of investigation. if they have all the currency - you being 'ndani' has nothing to do with whether they decide to prosecute you for the cash... by the way - it can be legit currency but there is some archaic law that limits how much foreign currency you can physically have.
All Mushrooms are edible! Some Mushroom are only edible ONCE!
hardwood
#116 Posted : Thursday, March 28, 2019 12:57:27 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
masukuma wrote:
newfarer wrote:
Angelica _ann wrote:

Suspects linked to Sh2b fake currency freed on cash bail


Eric Adede and four other suspects arrested over the Sh2 billion fake currency seized at Barclays Bank, Queensway Branch in Nairobi have been freed on bail.

The court on Tuesday released Eric Adede on Sh1 million bail while the other suspects were freed on Sh200,000 bail.

Adede was arrested alongside Ahmed Shah, Elizabeth Muthoni, and Irene Wairimu Kimani.

korti bandia. it's hard to trust Our courts

Why not? You are only in custody if you can interfere with the process of investigation. if they have all the currency - you being 'ndani' has nothing to do with whether they decide to prosecute you for the cash... by the way - it can be legit currency but there is some archaic law that limits how much foreign currency you can physically have.


How much is it?
murchr
#117 Posted : Thursday, April 11, 2019 8:18:38 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Wazuan's move on so fast...Where are the people who wanted this "dam money"? Laughing out loudly



Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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